Operates one of India's largest cinema exhibition circuits with 1,782 screens across 355 properties in 113 cities in India and Sri Lanka, making up 94.7% of segment revenue at INR 6,607.9 crore in FY26. Ticket sales and food & beverage sales at the cinemas are the main earnings levers — average ticket price INR 273 and F&B spend per head INR 161 in Q1 FY27, with footfalls of 36.6 million in that quarter at 25.3% occupancy. A second, much smaller segment earns INR 371.4 crore (5.3% of segment revenue) from producing and distributing films. The business is pivoting from pure cinema into an out-of-home entertainment destination, hosting FIFA World Cup screenings, IPL matches, concerts and re-releases on its screens, and 16% of its circuit sits in premium formats. Costs are dominated by other operating expenses at 50.8% of revenue and depreciation at 19.1%, reflecting the asset-heavy nature of running multiplexes. Expansion is shifting toward capital-light and FOCO (Franchise-Owned, Company-Operated) models, with 90 to 100 gross screens planned for FY27 against capex guidance of INR 350 crore, and a 5-year target of about 1,000 additional screens including Tier 2/3 markets. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Movie exhibition (95%), Movie production and distribution (5%). Asset-heavy cinema exhibition with high fixed costs and significant depreciation, supplemented by a small film production and distribution arm
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,331 | 3,751 | 6,107 | 5,780 | 6,646 |
| EBITDA (ex other income) | 106 | 1,037 | 1,810 | 1,541 | 2,047 |
| margin % | 7.9 | 27.6 | 29.6 | 26.7 | 30.8 |
| Owners' profit | (488) | (335) | (32) | (280) | 334 |
| EPS, as reported (₹) | 80.23 | (51.59) | 3.26 | (28.48) | 34.01 |
| ROE % · ROCE % | (35.7) · (3.1) | (4.6) · 2.5 | (0.4) · 5.2 | (4.0) · 3.2 | 4.5 · 7.2 |
| Debt / equity (x) | 1.10 | 0.24 | 0.23 | 0.21 | 0.10 |
| Cash from operations | 167 | 864 | 1,979 | 1,967 | 2,160 |
| Capex | (125) | (636) | (634) | (334) | (259) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,622 | 1,717 | 1,250 | 1,469 | 1,823 | 1,880 | 1,547 | 1,622 |
| Profit before tax | (15) | 46 | (168) | (70) | 142 | 119 | 21 | 76 |
| Net profit | (12) | 36 | (125) | (55) | 106 | 95 | 186 | 57 |
| EPS (₹) | (1.20) | 3.66 | (12.73) | (5.51) | 10.78 | 9.75 | 19.00 | 5.75 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Movie exhibition | 6,595 | 93.3 |
| Movie production and distribution | 371 | 5.3 |
| Others | 100 | 1.4 |
| Total, before eliminations | 7,067 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| PVR INOX LIMITED ◆ | 12,099 | 27.2 | 1.64 | 5.5 | 4.5 | 1.7 | 88.4 | 34.2 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · PVR INOX 31st AGM results: all 8 resolutions passed with over 99 percent majority | compliance | minimal | — | — |
| 11 Sept 2026 · PVR INOX holds 31st AGM on 11 Sep 2026 via video conferencing | board shareholder meetings | low | — | — |
| 9 Sept 2026 · PVR INOX buyback opens Sept 10, closes Sept 17 at Rs 1,450 per share | compliance | minimal | — | — |
| 8 Sept 2026 · PVR INOX adds 3 screens at Soul Space Spirit, Bengaluru | business updates | medium | — | — |
| 7 Sept 2026 · PVR INOX Letter of Offer for Rs 300 crore share buyback at Rs 1,450 | corporate actions | high | — | — |
| 7 Sept 2026 · PVR Inox clarifies on news item about alleged Rs 200 crore kickbacks probe | regulatory legal | critical | — | — |
| 7 Sept 2026 · BSE seeks clarification from PVR Inox on news report | regulatory legal | medium | — | — |
| 4 Sept 2026 · PVR INOX corrigendum to buyback public announcement published | compliance | minimal | — | — |
| 4 Sept 2026 · PVR INOX issues corrigendum to buyback public announcement | corporate actions | high | — | — |
| 4 Sept 2026 · PVR INOX opens 4-screen SMART Cinema in Muzaffarpur, Bihar | business updates | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| CINELINE INDIA LIMITED | 329 | — | 2.30 | 18.1 | (12.3) | (14.1) | 52.4 | (29.5) |
| UFO MOVIEZ INDIA LTD. | 242 | 10.1 | 0.74 | 3.5 | 7.7 | 7.6 | 41.0 | 19.3 |
| MUKTA ARTS LIMITED | 132 | — | — | 8.3 | 21.6 | (9.1) | 19.0 | 14.2 |
| PRITISH NANDY COMMUNICATI | 24 | — | 0.39 | — | (20.6) | (26.2) | 37.2 | (41.1) |
| TIPS FILMS LIMITED | 14 | — | 0.47 | — | (53.0) | (49.0) | — | (60.9) |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 27.2 | 18.8 | 23 of 36 | 37% |
| P/B | 1.6 | 1.1 | 32 of 47 | 33% |
| ROCE | 1.7 | 1.2 | 27 of 58 | 54% |
| ROE | 4.5 | 1.2 | 15 of 54 | 74% |
| Debt / Equity | 0.1 | 0.0 | 39 of 54 | 28% |
| EBITDA margin | 34.2 | 10.1 | 12 of 52 | 78% |
| Revenue growth | 10.4 | 0.6 | 16 of 49 | 69% |
| Profit growth | 203.7 | (18.0) | 6 of 50 | 90% |
| Market cap | 12099 | 79 | 3 of 58 | 97% |
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| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
